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<br />THIS INSTRiJMENT PREPARED BY:
<br />Home Federal Savings & Loan Association of
<br />Grand Island
<br />221 South Locust Street
<br />GRAND I5LAND, NE 68801
<br />AFTER RECORDING RETURN TO:
<br />Home Federal Savings & Loan Association of
<br />Grand Island �
<br />221 South Locust Street ��' �
<br />GRAND ISLAND, NE 68801
<br />(Space Above This Line For Re�ording Data)
<br />COMMERCIAL REAL ESTATE DEED OF TRUST
<br />This COMMERCIAL REAL ESTATE DEED OF TRUST ("Security Instrument") is made on December 23, 2011
<br />by the grantor(s) Edward M Klimek, and Hollie L Klimek, husband and wife, whose address is 1804 N.
<br />Howard Court, GRAND ISLAND, Nebraska 68803 ("Grantor"). The trustee is Arend R Baack, Attorney
<br />whose address is P.O. Boz 790, Grand Island, Nebraska 68802 ("Trustee"). The beneficiary is Home Federal
<br />Savings & Loan Association of Grand Island whose address is 221 South Locust Street, Grand Island,
<br />Nebraska 68801 ("Lender"), which is organized and existing under the laws of the United States of America.
<br />Grantor in consideration of loans extended by Lender up to a maximum principal amount of Forty Thousand
<br />Forty-one and 00/100 Dollars ($40,041.00) ("Maximum Principal Indebtedness"), and for other valuable
<br />consideration, the receipt of which is acknowledged, irrevocably grants, conveys and assigns to Trustee, in irust,
<br />with power of sa1e, the following described property located in the HALL of COUNTY, State of Nebraska:
<br />Address: 1804 N. Howard Ct, GRAND ISLAND, Nebraska 68803
<br />Legal Description: LOT TEN (10), IMPERIAL VII.,LAGE SEVENTH SUBDIVISION, CITY OF GRAND
<br />ISLAND, HALL COLINTY, NEBRASKA
<br />Together with all easements, appurtenances abutting streets and alleys, improvements, buildings, fixtures,
<br />tenements, hereditaments, equipment, rents, income, profits and royalties, personal goods of whatever description
<br />and all other rights and privileges including all minerals, oil, gas, water (whether groundwater, subtemanean or
<br />otherwise), water rights (whether riparian, appropriate or otherwise, and whether or not appurtenant to the above-
<br />described real property), wells, well permits, ditches, ditch rights, reservoirs, reservoir rights, reservoir sites,
<br />storage rights, dams and water stock that may now, or at any time in the future, be located on and/or used in
<br />connection with the above-described real property, payment awards, amounts received from eminent domain,
<br />amounts received from any and all insurance payments, and timber wluch may now or later be located, situated, or
<br />affixed on and used in connection therewith (hereinafter called the "Property").
<br />RELATED DOCiTMENTS. The words "Related Documents" mean all promissory notes, security agreements,
<br />prior mortgages, prior deeds of trust, business loan agreements, construction loan agreements, resolutions,
<br />guaranties, environmental agreements, subordination agreements, assignments of leases and rents and any other
<br />documents or agreements executed in connection with this Security Instcument whether now or hereafter existing.
<br />The Related Documents are hereby made a part of this Security Instrument by reference thereto, with the same
<br />force and effect as if fully set forth herein.
<br />INDEBTEDNES5. This Security Instrument secures the principal amount shown above as may be evidenced by a
<br />promissory note or notes of even, prior or subsequent date hereto, including future advances and every other
<br />indebtedness of any and every kind now or hereafter owing from Borrower to Lender, howsoever created or
<br />arising, whether primary, secondary or contingent, together with any interest or charges provided in or arising out
<br />of such indebtedness, as well as the agreements and covenants of this Security Instrument and all Related
<br />Documents (hereinafter all referred to as the "Indebtedness").
<br />FUTURE ADVANCES. To the extent permitted by law, this Security Instrument will secure future advances as if
<br />such advances were made on the date of tlus Security Instrument regardless of the fact that from time to time there
<br />may be no balance due under the note and regazdless of whether Lender is obligated to ma.ke such future advances.
<br />CROSS COLLATERAI.I7.ATION. It is the expressed intent of Grantor to cross collateralize all of its
<br />Indebtedness and obligations to Lender, howsoever arising and whensoever incurred.
<br />WARRANTIES. Grantor, for itself, its heirs, personal representatives, successors, and assigns, represents,
<br />warrants, covenants and agrees with Lender, its successors and assigns, as follows:
<br />Performance of Obligations. Grantor promises to perform all terms, conditions, and covenants of tlus
<br />Security Instrument and Related Documents in accordance with the terms contained therein.
<br />O 2004-2011 Complia¢ce Systems, Iaa COFO-SDEC - 2010L1.15.441
<br />Commetcial Real Estate Security Iffitnmment - DIA007 Page 1 of 5 R'R'a'.compliancesYgtems.com
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